Research defines Virtual Data Rooms & Board of Directors Communications Systems.

Boston, MA, April 15, 2011 — Brainloop ( http://www.brainloop.com ), a leading supplier of software solutions for high-security management of confidential documents, today announced that it was cited in two analyst reports published by the research firm Gartner, Inc.

Two reports published by the research firm Gartner point to cloud solutions for securing confidential documents.

One report, “Introduction to Virtual Data Rooms” (ID# G00211311), written by Gartner Analysts Jay Heiser and Jim Murphy, defines virtual data rooms (VDRs) as “a class of SaaS primarily used for financial investing communications, and also for life sciences, litigation and other sensitive external collaboration scenarios. Individuals looking for temporary or permanent mechanisms to support a highly controlled sharing of proprietary and regulated data outside of the enterprise should consider one of these services.”

“We are honored to be included in these important Gartner research reports, as we believe they confirm our market approach to reducing information risk by means of a secure document compliance management solution,” said Peter Weger, Brainloop CEO. ( http://www.brainloop.com ) “Companies need to become more aware of the indispensible boost to productivity, security and compliance that these solutions offer to organizations as they seek to better manage and secure their most confidential documents.”

Brainloop has achieved much success, with its document security and compliance management solution being used by multinational companies for such applications as corporate development, contract management, financial reporting, boardroom meetings and other confidential communications.

Also published simultaneously with the VDR report and serving as a companion report, “Introduction to Board of Directors Communications Systems,” (by Jay Heiser and Jim Murphy, Gartner ID# G00211442) cites key findings, recommendations and analysis on Board Communications Systems (BCSs).

Gartner defines board communications systems as applications that “simplify the task of creating and compiling hundreds of pages of documentary information into the quarterly board book, securely disseminating that material to board members. Any organization that is mailing out paper board books containing highly sensitive and topical information should consider portal-based solutions for efficiency and security reasons.”

“Board communications systems (BCSs) are software as a service (SaaS)-based trusted portals that are used by public and private organizations to share board meeting material with internal and external board and committee members. Organizations with a board of directors should consider using one of these services.”

About Brainloop:
Brainloop, with offices in Boston and Munich, is the leading supplier of document compliance management solutions (DCM) for the high security handling of confidential documents. These web based solutions allow highly confidential documents to be edited and distributed inside and outside the corporate network. Encryption and operator shielding protect all documents from unauthorized internal and external attacks, providing a highly secure collaboration framework. The solutions enable the complete transparency and auditability of all accesses and changes to documents, supporting corporate and regulatory compliance directives. Frequent uses include contract negotiations, collecting data and writing up quarterly reports, and any other communication that contains confidential information. http://www.brainloop.com

Copyright © 2011, Brainloop AG. All rights reserved. All trademarks mentioned in this document are the property of their respective owners.

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http://www.brainloop.com